AMD’s Account Payables Grew By $2.36 Billion Last Quarter, Partially Masking A Free Cash Flow Squeeze Behind Record Earnings

AMD reported what should have been stellar earnings earlier this week, replete with data center revenue growing by 107 percent year-over-year, a 246 percent beat on the consensus EPS estimate, and a 13 percent growth in adjusted gross margin. Combined with AMD's earlier disclosure of now controlling